The consumption and financial services stocks leading in inclusions in Nifty 50 index over the last seven years, while industrial & capex and defensive sector stocks were the most excluded, highlights a report by ICICI Securities.
Among Nifty 50 companies, only 13 stocks advanced, while 37 declined. The top gainers included Hindalco, Tata Steel, Eicher Motors, Larsen & Toubro (LT), and SBI Life, whereas Mahindra & Mahindra (M&M), Adani Ports, BPCL, Tata Motors, and Adani Enterprises emerged as the biggest
The Nifty-50 index has reported a subdued performance for the third straight quarter, posting a single-digit year-on-year (YoY) growth in profit after tax (PAT), according to a report by Motilal Oswal.
Gold has emerged as a strong performer in terms of returns since 2000, surpassing major stock market indices such as the S&P 500 and Nifty 50 over the last 25 years, according to a report by Aequitas.
Indian stock markets opened flat on Thursday, reversing the selling trend witnessed earlier on Wednesday, as the markets are in a wait-and-watch mode on PM Modi's US visit.
The benchmark Nifty 50 index was trading with a marginal decline of 42 points at 23,338.70, while the BSE Sensex slipped by 114 points to 77,196.86 at the time of reporting.
The BSE Sensex declined by 197.97 points, closing at 77,860.19, while the NSE Nifty lost 43.40 points, ending the session at 23,559.95. Out of the Nifty 50 stocks, 28 advanced while 23 declined.
Out of the Nifty 50 companies, 21 stocks advanced while 30 declined. Among the top gainers were Cipla, Adani Ports, ITC Hotels, Dr. Reddy's, and HDFC Life. On the other hand, Trent, BEL, Bharti Airtel, Titan, and ONGC emerged as the biggest losers, dragging the index lower.
Investor sentiment improved significantly, with 39 Nifty stocks advancing and 12 declining. Among the top gainers in the Nifty 50 were Shriram Finance, Larsen & Toubro (LT), Bharat Electronics Limited (BEL), IndusInd Bank, and Adani Ports. On the other hand, Trent, ITC Hotels, Britannia,
As companies continue to release their financial results for the third quarter of FY25, the overall earnings growth for Nifty 50 firms has remained weak.
Indian equity markets continue to offer an attractive investment opportunity, with the Nifty 50 expected to witness strong earnings growth over the next few years, according to a report by Aditya Birla Capital.
The Sensex started 43.69 points lower at 76,489.27, while the Nifty saw a marginal decline of 5.30 points, opening at 23,157.80. Among Nifty 50 companies, 35 stocks advanced, 15 declined, and one remained unchanged.